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Dec 27, 2012
12/12
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so some people are giving more and deciding "i'm going to get the tax break now and do it while it's a good thing for sure" and some people are putting off the decision deciding they isle give more later. so we're seeing a mixed bag but it's a tough time because this is the time of year when most people are doing a lot of charitable giving. >> ifill: let me get your name right this time, jackie, and ask you about federal employees. they are affected by this. there are furloughs, cutbacks, tell me what people are thinking. >> well, federal employees are in the unuely bad position of facing peril regardless of whether there's a deal. or whether sequestration and the fiscal cliff occurs. >> ifill: the across-the-board cuts. why does it work that way? >> in the event no deal is made and we do have the automatic cuts known as sequestration starting in january, federal employees face job loss and in some situations-- certainly in the department of defense-- but throughout the federal government people will be furloued, forced to take unaid days o, anywhere from 20 to 50 days. we really don
so some people are giving more and deciding "i'm going to get the tax break now and do it while it's a good thing for sure" and some people are putting off the decision deciding they isle give more later. so we're seeing a mixed bag but it's a tough time because this is the time of year when most people are doing a lot of charitable giving. >> ifill: let me get your name right this time, jackie, and ask you about federal employees. they are affected by this. there are furloughs,...
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Dec 25, 2012
12/12
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parker says oakland has already heavily invested in system to tax and regulate dispensaries. >> we laugh a great deal of time and energy and money setting up this system that is consistent with california law. and is a tragic way of the government's resources. >> but others say potash shops never should have been able to open 2349 first place. >> federal law, law of the land or is it law, that's the bottom line. >> carla lowe is citizens against legalization of marijuana. a lobbying group based in sacramento. pot is unsafe and ineffective. not a -- an 'digtive, dangerous drug. >> not a medicine. always been a joke, a cruel hoax, always has been, always will be. f.d.a. will never approved it for any product to be deemed a medicine. >> with the recent legalization of medical marijuana in washington and colorado national leaders are re-examining pot policies. the justice department soon expected to issue a response which now allow adults 21 and old tore possess up to one ounce legally. on capitol hill, senate judiciary chairman patrick leahy called for congressional hearings on the issue an
parker says oakland has already heavily invested in system to tax and regulate dispensaries. >> we laugh a great deal of time and energy and money setting up this system that is consistent with california law. and is a tragic way of the government's resources. >> but others say potash shops never should have been able to open 2349 first place. >> federal law, law of the land or is it law, that's the bottom line. >> carla lowe is citizens against legalization of...
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Dec 31, 2012
12/12
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and i don't see it as a tax increase. taxes are going up under current law. i -- if pif i could stop them from going up for everyone i would. it takes a democratic senate, a democrat president to cooperate. it makes sense to save the maximum of taxpayers. that's not a tax increase, that's making perm what are temporary tax cuts for the overwhelming majority of americans. >> if there isn't a deal on fiscal cliff or if it's narrow, if it covers the bare minimum and there's a lot of issues still to be worked out, there's been a lot of disagreement about what that means in the short term, just say through january or february. do you think it would be catastrophic? do you think that there -- >> it's not -- >> it's been overstated? >> it's not catastrophic. but i think the failure to reach a larger deal will be something democrats look back and regret. once the revenue issue's taken care of -- and it will be taken care of quickly -- we're on to the real issues where we have leverage and they don't, that's spending and entitlement issues. there's a sequester itself,
and i don't see it as a tax increase. taxes are going up under current law. i -- if pif i could stop them from going up for everyone i would. it takes a democratic senate, a democrat president to cooperate. it makes sense to save the maximum of taxpayers. that's not a tax increase, that's making perm what are temporary tax cuts for the overwhelming majority of americans. >> if there isn't a deal on fiscal cliff or if it's narrow, if it covers the bare minimum and there's a lot of issues...
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Dec 31, 2012
12/12
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and the american people know that restoring the bush tax cuts is not a tax cut. it's a continuation of the status quo of the last 12 years. as was done two years ago. when you allow some of those tax cuts to lapse, taxes are higher than they were before. so the idea that obama could run as a tax cutter when he's been demanding tax increases his entire presidency, and we're about to start the conversation of $1 trillion of obama care taxes over the next decade, obama and the democrats' tax cutters will be laughed out of the park. >> with respect, he's just won the election on that basis, hasn't he, that he would tax the rich more, and give away candies to those on $250,000 or below. you know, the democrats have long opposed the bush era tax cuts. but now they have this as a new pledge, simply to win power. >> well, interestingly, what's happened is the president has moved 98% of the way towards the republican position. he opposed the bush tax cuts. he said they were a bad idea, both in 2001 and 2003. and now he's talking about wanting to maintain 98% of them or so
and the american people know that restoring the bush tax cuts is not a tax cut. it's a continuation of the status quo of the last 12 years. as was done two years ago. when you allow some of those tax cuts to lapse, taxes are higher than they were before. so the idea that obama could run as a tax cutter when he's been demanding tax increases his entire presidency, and we're about to start the conversation of $1 trillion of obama care taxes over the next decade, obama and the democrats' tax...
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super rich followed jerrod deputy you and left france we really need their seventy five percent income taxes if we are to stay with the likes of angola and not find ourselves in the same trouble as demetrius thank you francois hollande. oh right well this one comes from a little boy who has been on the naughty list in the past but he insists he's going to be good in the future. i sound here's the thing i want to be prime minister again i know there were some problems last time however now i'm ready to step back in leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of the. money people in europe are sharing the same christmas wish they see here and then to the blog suffocating austerity drive and later this hour we'll take a closer look at the massive crowd size there have been raging across europe in our special end of year the trap plan. so when the first of season gets out of hand it can only spel
super rich followed jerrod deputy you and left france we really need their seventy five percent income taxes if we are to stay with the likes of angola and not find ourselves in the same trouble as demetrius thank you francois hollande. oh right well this one comes from a little boy who has been on the naughty list in the past but he insists he's going to be good in the future. i sound here's the thing i want to be prime minister again i know there were some problems last time however now i'm...
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Dec 24, 2012
12/12
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LINKTV
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been criticized his pledge -- they criticize his pledge to retract some taxes he had budgeted last year. he returned here to the official prime minister's residence. whether he will be here after the election depends on whether the coalition allows him to finish the job. >> he has the capability to be useful in a second moment when the election maybe can give our result with not a very strong winner, but the necessity of recognition. and he is a man who can be useful to leave the government. > i don't think that monti's manifesto will change anything in the italian state. politics is quite embarrassing. i think his resignation will not bring much here or in europe. >> i heard that even if he distances himself he can contribute to contribute as a real leader to our country, because our country is in are really difficult situation. i hope that he can do something positive. >> campaigning for the elections will start officially. in the end, he may be called again to lead the country out of the economic crisis. al jazeera, rome. >> still to come -- security remains tight inside the egyptian
been criticized his pledge -- they criticize his pledge to retract some taxes he had budgeted last year. he returned here to the official prime minister's residence. whether he will be here after the election depends on whether the coalition allows him to finish the job. >> he has the capability to be useful in a second moment when the election maybe can give our result with not a very strong winner, but the necessity of recognition. and he is a man who can be useful to leave the...
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the stage and there is the tax and that is very disheartening that the western clothes in the security council start to refuse. then there has to consider saying that yes there is missing. but you must they conclude come on the overall context of what is going on in syria and why people the result that there was that this it's absolutely unacceptable and this logic might be full of this logic why do those through a very dangerous situation not only in the middle east but in other parts of the world. who would begin to. want to qualify terrorist as. bed terrorist and acceptable terrorists. still to come out from afghanistan and into the gulf britain planning a military boost in the oil rich region later this hour we'll look at what's at stake for the u.k. in the gulf and where this new build up might be headed boss. no wind in sight for the trouble in europe as thousands of greeks in the spaniards again take to the streets in protest against suffocating austerity cuts. before we get to all of that though it's been a heartbreaking week of farewells in newtown connecticut where all twenty
the stage and there is the tax and that is very disheartening that the western clothes in the security council start to refuse. then there has to consider saying that yes there is missing. but you must they conclude come on the overall context of what is going on in syria and why people the result that there was that this it's absolutely unacceptable and this logic might be full of this logic why do those through a very dangerous situation not only in the middle east but in other parts of the...
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Dec 30, 2012
12/12
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an increase in the estate tax. in case those discussions break down, the president has asked democratic leader harry reid to prepare a separate bill to put on the floor of the senate that would raise taxes on households that earn $250,000 or more. that's really a democratic proposal, and you can expect republicans to block it. rather than thinking of that as a stop gap measure, you should probably think of it it as a political measure to shift the responsibility for failure onto republicans just before the nation hits the hour of reckoning. alison. >> thanks. with everyone from the president to republican leaders expressing hope for a deal by tomorrow night, at least one congressman says the chances look slim to none. listen to virginia democrat jim moran as he describes why he'll likely vote against a deal. >> my congressional district would be the hardest-hit if we go over the fiscal cliff. i have tens of thousands of federal employees and a great deal of defense spending would be at risk. so if we don't suspend
an increase in the estate tax. in case those discussions break down, the president has asked democratic leader harry reid to prepare a separate bill to put on the floor of the senate that would raise taxes on households that earn $250,000 or more. that's really a democratic proposal, and you can expect republicans to block it. rather than thinking of that as a stop gap measure, you should probably think of it it as a political measure to shift the responsibility for failure onto republicans...
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suspected of involvement in the death of lawyer sergey magnitsky he died in custody during a massive tax fraud investigation three years ago russian president vladimir putin though says the u.s. should look at its own record before criticizing others for human rights violations . that our us partners and their lawmakers say they're concerned about human rights in our prisons and that's fine of course but there are plenty of issues they have themselves abu ghraib and guantanamo where for years people have been detained without charge it's inconceivable to prisoners walk around in chains like in the middle ages legalized torture inside their own country if something like that happened here it would cause an international outcry and all remains quiet in the u.s. we've heard plenty of promises to close guantanamo but it's still there it's still operating maybe there is still torture going on there secret cia prisons has anyone been brought to account and they're pointing at our problems well thank you we're aware of that making this the ground for passing anti russian laws it's something abs
suspected of involvement in the death of lawyer sergey magnitsky he died in custody during a massive tax fraud investigation three years ago russian president vladimir putin though says the u.s. should look at its own record before criticizing others for human rights violations . that our us partners and their lawmakers say they're concerned about human rights in our prisons and that's fine of course but there are plenty of issues they have themselves abu ghraib and guantanamo where for years...
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Dec 29, 2012
12/12
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the cliff won't just stop at taxes. some fear banks will tighten up on consumer lending, meaning you might not be able to get the new loan for a car or a home. with me now is sheila bair, the former chairman of the fdic and author of the new book "take the bullhe horns." thanks for coming on with me. >> thanks for having me. >> president obama met with top party leaders friday saying he was moderately optimistic. with your washington negotiation experience, where do you really think they are in the process? are you really any closer to a deal, or is this just more posturing? >> i think this whole mess is really embarrassing spectacle. this should have been resolved long ago, and i do think, actually, they are going to get a deal, but i think it will be more along the lines of kicking the can down the road. i don't think, at least from this point what i'm hearing, we'll get meaningful debt reduction. certainly mot month-onot meaninx reform. perhaps a permanent restructure of the tax reforms those making under $150,000. t
the cliff won't just stop at taxes. some fear banks will tighten up on consumer lending, meaning you might not be able to get the new loan for a car or a home. with me now is sheila bair, the former chairman of the fdic and author of the new book "take the bullhe horns." thanks for coming on with me. >> thanks for having me. >> president obama met with top party leaders friday saying he was moderately optimistic. with your washington negotiation experience, where do you...
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Dec 26, 2012
12/12
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the tax rate. no matter what it is on the rich or not on the rich will not solve the big huge impending doom. >> that's right exactly right. you said it. the latest proposal from the president, of course, did not have the kind of long and short-term and mid term spending reform that we need. the federal government right now is it as we all know, spending more than a trillion dollars year upon year since the president took office, more than a trillion over budget year upon year. that has to stop. >> and you are putting faith in harry reid to come back with some proposal that will meet that in the next six days? where are you? >>ist a good question. senator reid without the past two years has not worked in -- in any very productive way with the house majority. and we do in the house represent the american people, at least as much as the senate majority does and we do need to work together and you are right. we have had roadblocks and obstructions and ignoring the bills we sent over time and time agai
the tax rate. no matter what it is on the rich or not on the rich will not solve the big huge impending doom. >> that's right exactly right. you said it. the latest proposal from the president, of course, did not have the kind of long and short-term and mid term spending reform that we need. the federal government right now is it as we all know, spending more than a trillion dollars year upon year since the president took office, more than a trillion over budget year upon year. that has...
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Dec 27, 2012
12/12
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taxes go up, then you go the republicans in position where they're getting the lower taxes. then patti murray. >> i just hope that people are paying attention that what we are seeing is basically the best world for politicians, they put off the and then everybody is going to pretend, oh, it's something happened. and nobody in the meantime is representing the interest of the american people. you know, we've got both parties in a position to negotiate this is what we want, this is what we elected and they're doing everything they can to not pay attention to that and to go to their separate corners and to be separate and to pretend that their way is not the only way. >> and it could result in people being called into, like, their supervisor's offices and their supervisor goes, i'm sorry, people are actually losing jobs because of this. >> but is there what the people voted for? there are some that think this is what the president voted for. >> how can you think that the american people didn't vote for this? >> let me get to these economical reports. there are a number on today'
taxes go up, then you go the republicans in position where they're getting the lower taxes. then patti murray. >> i just hope that people are paying attention that what we are seeing is basically the best world for politicians, they put off the and then everybody is going to pretend, oh, it's something happened. and nobody in the meantime is representing the interest of the american people. you know, we've got both parties in a position to negotiate this is what we want, this is what we...
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Dec 26, 2012
12/12
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it will hurt every taxpayer, the largest tax increase in history. it will affect everybody, and anyone who is watching who thinks, oh this isn't going to impact me, you will fin out d o will, and we know the problem is a lot of spending. not that we're not taxing people more, we're just spending too much. we hope that the president understands that as for as republicans are concerned, we're willing to negotiate and have a civil conversation, but also he's got to bring in some spending cuts and tax reform, because americans want tax reform and we don't want to hurt the economy, and, look there, are not enough millionaires in the united states to tax them all to be able to spend our way out of this problem. so let's -- let's give up a little bit -- each side can concede a little. and i think we can fin middle ground. i'm optimistic. >> we had your colleague nan hayworth last hour. she was expecting work to be done in the senate. the house did its best, boehner did his best, now it's up to the senate to come up with something. is that your position now
it will hurt every taxpayer, the largest tax increase in history. it will affect everybody, and anyone who is watching who thinks, oh this isn't going to impact me, you will fin out d o will, and we know the problem is a lot of spending. not that we're not taxing people more, we're just spending too much. we hope that the president understands that as for as republicans are concerned, we're willing to negotiate and have a civil conversation, but also he's got to bring in some spending cuts and...